Multifamily Housing - For Sale
2723 West Lexington Street Chicago, IL 60612
Details & Description
Price: $4,400,000
  • Property Type Multifamily for Sale
  • Lot Size Acres 1.000
  • Building Sq Ft 25,000
  • Building Price per Sq Ft $176.00
  • Land Sq Ft 43,560
  • Land Price per Sq Ft $101.01
HighlightsNewer Construction - Built in 200524 Total Units - 8 Buildings With 3 Units EachEasy ManagementFew minutes from downtown ChicagoEasy access to I-290 & I-90/94DescriptionThis is a portfolio consisting of eight (8) 3 unit buildings. Each building includes a 3 car garage. Build in 2005, the buildings consist of 3bed and 2bath units. Improvements consist of forced air in each unit, granite counter tops, hardwood floors, individual washer and dryer, separate electrical panels, steel staircases and much more!LocationLots of new construction around the area. Very close proximity to Rush Hospital, United Center, UIC & the recently built MB Ice Arena. 7 minute drive to downtown Chicago. Next to I-290 and five minutes from I-90/94.
Listing Agents
Melsi Bifsha

O: 773-355-4799
M: 773-968-8891
mel@1stwesternproperties.com
While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

2723 West Lexington Street

Chicago, IL 60612

Listing ID: 203465
$4,400,000
For Sale
  • Property Type Multifamily for Sale
  • Lot Size Acres 1.000
  • Building Sq Ft 25,000
  • Building Price per Sq Ft $176.00
  • Land Sq Ft 43,560
  • Land Price per Sq Ft $101.01
2723 West Lexington Street Chicago, IL 60612 | for Sale | Photo 1
Description

Highlights

Newer Construction - Built in 2005

24 Total Units - 8 Buildings With 3 Units Each

Easy Management

Few minutes from downtown Chicago

Easy access to I-290 & I-90/94

Description

This is a portfolio consisting of eight (8) 3 unit buildings. Each building includes a 3 car garage. Build in 2005, the buildings consist of 3bed and 2bath units. Improvements consist of forced air in each unit, granite counter tops, hardwood floors, individual washer and dryer, separate electrical panels, steel staircases and much more!

Location

Lots of new construction around the area. Very close proximity to Rush Hospital, United Center, UIC & the recently built MB Ice Arena. 7 minute drive to downtown Chicago. Next to I-290 and five minutes from I-90/94.

Points of Interest & Demographic Radii
Points of Interest
Demographic Radii
POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
 
Chicago History of Multifamily Housing for Sale

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Chicago Area Market Trends

Listing Demographics for 2723 West Lexington Street Chicago, IL 60612

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

1-Mile 3-Miles 5-Miles
Total Population30,741389,5791,187,933
Population Median Age343435
Population by Age0-9 Yrs4485 (14%)48897 (12%)137141 (11%)
10-19 Yrs4616 (15%)45203 (11%)129839 (10%)
20-29 Yrs5690 (18%)83188 (21%)247446 (20%)
30-39 Yrs4658 (15%)76896 (19%)226716 (19%)
40-49 Yrs3557 (11%)47754 (12%)146051 (12%)
50-59 Yrs3444 (11%)37582 (9%)121483 (10%)
60-69 Yrs2397 (7%)28281 (7%)100965 (8%)
70+ Yrs1893 (6%)21777 (5%)78291 (6%)
Median HH Income$32,888$55,330$68,922
Total Household Income< 24K4575 (42%)38395 (26%)103283 (21%)
25-49K2146 (20%)28032 (19%)82071 (17%)
50-74K1382 (12%)20339 (14%)66000 (13%)
75-99K915 (8%)13999 (9%)51302 (10%)
100-199K1427 (13%)28484 (20%)107111 (22%)
200K+247 (2%)13115 (9%)63195 (13%)
Highest Education LevelNo Diploma319354776136021
Diploma or GED520755831163562
Some College422139610111167
Assoc. Degree14991212836265
Bachelors Degree287161415213123
Higher Degree184538417163937
Total Housing Units12,980163,961538,418
--Owner-Occupied2,72650,244193,379
--Renter-Occupied7,96692,119279,583
Owner-Occupied Values< 100K321436411591
100-199K8411103636520
200-299K9141068739911
300-399K318786429616
400-499K166588522123
500K+1661040953617
Total Working Age Population23,313313,991975,176
In Work Force13,327207,165672,768
Not In Work Force9,987106,827302,407
Workforce Employed11,558191,316631,498
Workforce Unemployed1,76815,77040,900
Civlian Workforce13,327207,086672,398
Military Workforce079370
Total Households10,691142,364472,962
Family Households5,96776,258240,583
Non-Family Households4,72466,106232,380
Married Couple1,92641,370154,728
Other Family4,04134,88885,855
Married w/Child69617,00661,353
Single Male w/Child2372,8518,776
Single Female w/Child2,08414,19831,635

Population Change Last Two Decades - Plus Projection

2000%2010%2020%2030
Illinois12,419,293+312,830,632+1214,316,487+615,138,849
Cook County5,376,741-35,194,675+105,707,832+55,990,243

Total Working Age Population:

Total Households:

Total Working Age Population:

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Total Working Age Population:

Total Households:

No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

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2133 West 19th Street, Chicago, IL $500,000 4800 0.1
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2258 South Washtenaw Avenue, Chicago, IL $825,000 8300 -
2258 South Washtenaw Avenue, Chicago, IL $825,000 8300 -
Closest Commercial Airports
Airport Distance (mi)
Chicago Midway International Airport (MDW) 7
Chicago O'Hare International Airport (ORD) 13
South Bend Regional Airport (SBN) 72
Listing Agent
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